Assessing and acknowledging the risks and opportunities of climate change has been on the agenda of forward thinking companies for some time. However, we believe that there is a more robust approach to impact assessment that considers possible risks and opportunities and acts as a lens through which to view future business operations – climate scenario analysis.
Today Carbon Clear publishes the results of the 2017 Sustainability Reporting Performance of the FTSE 100, IBEX 35 and CAC 40. The report highlights trends and leadership in environmental sustainability within Europe’s largest companies.
Last month the 2017 Defra greenhouse gas reporting conversion factors were released. There are several new emission factors added and some significant changes to the methodologies used to determine existing factors.
Topics: Emission factors
CDP 2017 wrapped up at the of July. With the end of reporting season, focus now turns to next year’s disclosure. Each year CDP updates questionnaires in an effort to increase the quality and transparency of company disclosures, as well as to keep up with changing best practice in sustainability reporting.
Media headlines about climate change are largely focused on problems, obstacles and challenges. Bad news sells, right? One of the most covered news story of 2017 is Donald Trump withdrawing from the Paris Agreement – and it's right that it should get so much attention because it’s a big deal.
Last Friday (21st July) saw Michael Gove make his first keynote speech as Environment Secretary. It would be safe to say that his appointment to the role was not universally welcomed and in some quarters actively feared. So, what does his first speech tell us about his intentions for his new role and the impact of Brexit on environmental policy in the UK?
Topics: Climate Change
In 2015 G20 countries asked the Financial Stability Board (FSB) to review how the financial sector can better take account of climate-related issues. The FSB established the Task Force on Climate-related Financial Disclosures (TCFD) to develop consistent and coherent guidance for companies to disclose their climate-related risks. Last month the TCFD released its final “recommendations for consistent and voluntary climate related financial disclosures”.
Topics: Climate Change
06:00 13 July 2017 - EcoAct Group, the climate expert and climate finance project developer headquartered in Paris, today announces the acquisition of Carbon Clear, a major player in the UK environmental sustainability marketplace.
Sustainability consultancy Carbon Clear is currently working with 20 FTSE 100 companies, helping them to address their business challenges in an intelligent way.
The FTSE is a share index of 100 companies listed on the London Stock Exchange with the highest market capitalisation. FTSE 100 companies represent about 80% of the entire market capitalisation of the London Stock Exchange. These companies are large and international meaning that they often face complex business and sustainability challenges.
Topics: Carbon Clear
The most important thing to remember when benchmarking business best practice is that no two companies are the same, and what one industry might see as an important issue could be irrelevant to others. For example, financial intuitions may value understanding the carbon intensity of their investment portfolios while FMCG companies would look at sold products to understand emissions in their value chain.